RE: RE: RE: RE: A more conservative scenario is be

About Amalgamet... upndown, from a lawyer's standpoint, how would you see this:

Amalgamet Agreement

The Corporation signed an agency agreement with Amalgamet Canada (“Amalgamet”) in May 2007 in which Almalgamet was appointed exclusive sales agent for the sale of any high-purity alumina produced using clay from the Grande-Vallée deposit, for an initial period of five years, during which Amalgamet will be entitled to a sales commission. The start of this initial period is at the sole discretion of the Corporation after the start of consistent production of high-purity alumina, subject to certain conditions. Smelter-grade alumina is excluded. High-purity alumina products produced using feedstock from any other deposit or from third-party hydroxide are excluded.

"The start of this initial period is at the sole discretion of the Corporation after the start of consistent production of high-purity alumina."

Could that mean that Orbite may or may not start the "initial period" of the 5 years with them as sales agent? Could they, for example, do their own sales for as long as they wished before bringing on their services, if at all?

Does it mainly mean that no other outside sales agent would be employed by Orbite other than Amalgamet for 5 years of using a sales agent?

Also, what exactly does it mean to use a sales agent? Would they actually buy the material from Orbite to go on to then sell to others (like wholesaler and retailer)? Or would it be more like a realestate agent that attempts to bring buyers and sellers together, and if a deal goes through, keeps a percentage? (showing my ignorance here, ;-))

If the latter, I guess that's not a guarantee of sales, but I guess it would mean an experienced sales company and an important network by which to reach potential clients. Plus, that commission would be tough to hand over with such already depressed prices...